Why Trump Is Eyeing Iran’s Kharg Island Oil Export Hub

Bloomberg.com • April 7, 2026 • nation

Key Points:

Kharg Island, located 15 miles off Iran's mainland, serves as the loading point for approximately 90% of the country's crude oil exports.
Despite recent US and Israeli strikes against Iran, the nation's oil exports have only experienced a slight decline.
Iran continues to operate its own vessels through the Strait of Hormuz while restricting passage to only approved foreign ships.